What Crisis? Profits Soar

By James Petras

While progressives and leftists write about the "crises of capitalism", manufacturers, petroleum companies, bankers and most other major corporations on both sides of the Atlantic and Pacific coast are chuckling all the way to the bank.

http://www.informationclearinghouse.info/article26159.htm



Jobless Millions Signal Death of the American Dream for Many

By Paul Harris

Whether it's the poor of Camden or Colorado Springs or Atlanta, or among the growing throngs of the 99ers, millions of Americans are discovering that working hard, doing the right thing and obeying the rules are no longer enough.

http://www.informationclearinghouse.info/article26156.htm



Jobless claims jump to 5-month high

The number of first-time filers for unemployment insurance rose to the highest level since late February last week, according to a weekly government report released Thursday.

http://money.cnn.com/2010/08/12/news/economy/initial_jobless_claims/index.htm



Unemployment Rate by State

The percent of the labor force that is unemployed - Graph
http://bit.ly/9GNkkC



Global Youth Unemployment Hits Record High

The report from the ILO says 81 million out of 630 million 15-24 year olds where unemployed at the end of 2009, some 7.8 million more than at the end of 2007.

http://www.cnbc.com/id/38674003



US Unemployment: Don't Let the Elite Pass the Buck

By Paul Krugman

Growth is slowing and the odds are that unemployment will rise, not fall, in the months ahead. That's bad. But what's worse is the growing evidence that our governing elite just doesn't care - that a once-unthinkable level of economic distress is becoming the norm.

http://www.informationclearinghouse.info/article26168.htm


From Information Clearing House



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http://freepage.twoday.net/search?q=governing+elite
http://sharenews.twoday.net/search?q=jobless
http://sharenews.twoday.net/search?q=unemploy
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